Bruce Rauner remained defiant in insisting he’s released enough on his taxes and wouldn’t commit to making public his full tax schedules for inspection before the Nov. 4 election.
“We will release our tax returns when they’re prepared and filed on Oct. 15 and at that point we will have released four years of our tax returns. We outlined and detailed our tax rate. My tax rate is the same as Pat Quinn’s,” Rauner said to a packed scrum of reporters after riding into the fairgrounds on his Harley.
Rauner ducked when asked if he would release his full schedules, talking over reporters and repeating that he’d release his 2013 tax documents in October. Rauner has asked for an extension and that is the due date. Gov. Pat Quinn and other Democrats on Wednesday repeatedly called on Rauner, a multi-millionaire with hundreds of investments, to release the full details of his finances for public inspection. While candidates are not required to do so, it has become the new norm to release full tax schedules and it was something that Mitt Romney eventually did in the 2012 presidential election. His tax documents were some 700 pages.
Earlier at the state county chairman’s meeting, other Republicans differed on how much Rauner or any candidate should reveal of his or her personal finances.
“I think that basically candidates need to be a transparent as possible,” said Paul Schimpf, R-Attorney General candidate.
“I think you have to see where your money is and I think people need to be upfront about that,” said Judy Baar Topinka, R- Illinois comptroller.
* From the DGA…
“If Bruce Rauner doesn’t want to trust the people of Illinois with information about his finances, the people of Illinois shouldn’t trust Bruce Rauner. He has hidden his policies from them. He has hidden his foreign investments from them. He has hidden the details of how he built his corporate empire at the expense of workers, seniors and communities.
“Releasing tax information is a low bar of disclosure for a public official, not a ‘diversion’ as Rauner says it is. It’s an easy test of whether he is worthy of the public’s trust. Bruce Rauner has failed that most basic test and he shouldn’t be trusted.”
* And the Quinn campaign released a photo comparing Romney’s disclosed tax returns to Rauner’s…
===Releasing tax information is a low bar of disclosure for a public official, not a ‘diversion’ as Rauner says it is. It’s an easy test of whether he is worthy of the public’s trust. Bruce Rauner has failed that most basic test and he shouldn’t be trusted.===
We know Quinn’s record. If we are to vote for the change that Rauner represents, is it too much to ask that he release his full tax records, schedules included, so that we can actually understand him better. If other pols release their taxes and full schedules, I don’t understand why Bruce won’t.
- forwhatitsworth - Friday, Aug 15, 14 @ 10:41 am:
Why would anybody running for public office not want to release their tax filings?
As we saw from Rod in the past, releasing your taxes right before election day wasn’t a bad strategy because it reduced the time for anything awkward to be processed by voters.
Keeping the returns private as long as you could helped Rod.
There is a chance they are playing rope-a-dope with Quinn, hear me out on this. You figure Rauner did 8 degrees of opo research on himself and has been thinking about running for a while, long enough that he could have gotten his business affairs in shape/set up in 2013 so that the returns would reveal some very positive stuff.
So he releases in October and the stories coming out of it are positive and dominate the news cycles right before the election. No smoking gun for Quinn on Rauner taxes, Rauner gives millions to widows and orphans, etc…. Not sure how likely this one is, but I think it is a real option. Dude does seem that clever.
That’s true Wally. I’m not voting for Rauner. While the deceptive comments bother me, my main concern is that he has a tax plan that seems designed to slow economic growth.
We’ve got the lowest unemployment in six years. We are finally on the right track. And Rauner wants to impose a burdensome new tax that will create business for accountants and destroy business for the rest of us.
So yeah, I’m not voting for him. I do, however, stand by my former comments.
Ummm, no. For one thing I doubt few of us who have been here a while would consider VM a rabid Republican.
His point, which I think has some merit (then again I am a Republican) is that I don’t think there ‘where are the tax returns’ argument really is going to work. It didn’t work with Rod and like any attack on a candidate has a limited shelf life.
Go ask Joe voter if Rauner has released his tax returns, if Quinn has released his tax returns and see how many voters know or care.
I don’t think anyone goes into a voting booth and thinks “Well he didn’t release his tax information so therefore I am not going to vote for that dude”
In fact using that handy search function I can find lots of examples of VM acting all Democratic
Hey look Sue - your court settlement was published!
Comment by VanillaMan Tuesday, Jul 8, 14 @ 1:23 pm
Sue, it says this person is looking for a LBSW - too bad you’re not a Liberal Blonde Swedish Woman!
Comment by VanillaMan Tuesday, Jul 8, 14 @ 1:27 pm
Good thing these Wranglers cover up my new mink boxers!
Comment by VanillaMan Tuesday, Jul 8, 14 @ 1:40 pm
- VanillaMan - Tuesday, Aug 12, 14 @ 9:53 am:
I remember a lady named Evelyn.
Her friends would let her out of the house and speak publically either.
As a matter of fact, the only time I saw Evelyn was when I caught sight of her in the basement. My friends would yell over her as she complained how no one let her out of there, and tell me to ignore her.
Another VM comment…
Considering how he is when it comes to our Lt. Governor candidate if that is the definition of Republican Hack I can say..
As a Republican hack, VM you are no Republican hack…
Transparency. It’s not his wealth, it’s that he seems to want to keep it all secret. Why? When you are running for a public position, spending public money, I think the public has a right to know how honest and law-abiding you are–if you are trustworthy with their hard earned money. Given Illinois’ track record with governors in prison, I think we need transparency on financial matters.
- Yellow Dog Democrat - Friday, Aug 15, 14 @ 12:46 pm:
I don’t see how Rauner is referring to federal tax rates.
According to news reports, Quinn’s only income is his salary, which puts him squarely in the 28% bracket.
If a guy who made $53 million last year is paying the same federal tax rate as middle class families, he shouldn’t be bragging about it.
Public employees salaries are open for public viewing and comments, critique, analysis, etc. Transparency. If you are running for the highest office in this state, why would hide your income? If you had earned it with public funds, it’d be available for scrutiny. Rauner’s income is not. When you run for a public office and your income is posted for everyone to see, owning 9 homes is almost certainly not possible on a public income unless there’s some funny stuff going on. Rauner is an unknown. Folks just want to know who he is, where he’s coming from. Why such mystery and intrigue? Who can vote for someone without know who they’re voting for?
Millions of Illinoisans, get up every day and work hard to get ahead.
(Scene: family starting their day…)
“Pat Quinn supports the millions of Illinoisans who get up every morning and work hard to earn a living. Today, with our state economy turning around, even more Illinoisans are discovering that having Pat Quinn as Governor, helps them get ahead!
Thanks Governor Quinn!”
“Governor Quinn knows most of us live from paycheck to paycheck. We don’t have millions to hide in overseas tax shelters. Pat Quinn knows that government depends upon Illinoisans like us, who play by the rules, not upon people like Bruce Rauner who bends them.
Not the Illinoisans who get up every morning and work hard for the public. Apparently they are members of a subclass of citizens.
- Just The Way It Is One - Friday, Aug 15, 14 @ 3:56 pm:
He can run but he can’t hide.
What HAS already has been revealed sure ain’t pretty, though, and most Voters will likely conclude that by NOT releasing everything–now that for instance we HAVE learned about the Zero Income Taxes/Zip on his part on paying into Social Security for that period, not to MENtion the Cayman Island Debacle (!)–that there is NO Doubt that he’s hiding stuff, or at least SOMEthin’ else BIIIIIGGGGG, that Rauner doesn’t want Illinoisans (or the World for that matter) to know about, and would be roundly embarrassed about/severely criticized about from here until he hopes he can JUST eke one out on Nov. 4th while trying to pull one out over the Citezenry’s eyes, between now and Election Day…!
- Just The Way It Is One - Friday, Aug 15, 14 @ 3:57 pm:
That was meant to read in the last line above, “…Citizenry’s eyes…!”
- Yellow Dog Democrat - Friday, Aug 15, 14 @ 4:11 pm:
Agreed Vanillaman, a strong closing argument.
But I still think Quinn needs to contrast with Rauner.